Student Monitor conducted one-hour one-on-one interviews at 94 different universities with 1,421 undergraduate students, the French equivalent of undergraduate students. ” Student Monitor’s findings reflect comprehensive and thorough discussions held with students to determine the true costs associated with purchasing college course materials. commented Eric Weil, associate director at Student Monitor.
” Our results consistently show a downward trend in student spending, illustrating the long-term trend of greater accessibility in the course material environment.,” he continued in a statement. ” Course materials are more affordable today than at any time in the past decade »
” Student spending has dropped 22% in the most recent year, averaging just $314 (approx. €296), largely because students are adjusting their purchases to the demands of their individual lessons and take full advantage of some of the new affordable options. »
The $314 average student spending on course materials in the 2021-2022 school year reflects an average spending of $101 (€95) on new printed textbooks; $69 (€65) for second-hand printed textbooks; $47 (€44) for printed manuals for rental; and $97(€91) for electronic manuals.
More options for students and teachers
” Higher education publishers continued to focus on both quality and affordability, and the results were remarkable commented Kelly Denson, vice president of education policy and programs for the Association of American Publishers.
” Even though student spending on course materials has declined over the past decade—down a substantial 44%—publishers have expanded their offerings dramatically, delivering high-quality content and courseware within dissemination such as inclusive access and print rental in addition to other formats such as digital, loose-leaf, personalized solutions and individual learning applications. The result gives teachers and students the freedom and flexibility to choose the materials that work best for them. »
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